The Gross Domestic Product (GDP) in Japan expanded 2 percent in the second quarter of 2023 over the same quarter of the previous year. source: Cabinet Office, Japan

GDP Annual Growth Rate in Japan averaged 1.74 percent from 1981 until 2023, reaching an all time high of 9.40 percent in the first quarter of 1988 and a record low of -9.90 percent in the second quarter of 2020. This page provides - Japan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

GDP Annual Growth Rate in Japan is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Japan GDP Annual Growth Rate



Calendar GMT Reference Actual Previous Consensus TEForecast
2013-03-07 11:50 PM Q4 2012 0.5% 0.3%


Related Last Previous Unit Reference
GDP Growth Rate 1.50 0.90 percent Jun 2023
GDP Growth Annualized 6.00 3.70 percent Jun 2023
GDP Annual Growth Rate 2.00 2.00 percent Jun 2023
GDP Constant Prices 560740.10 552574.30 JPY Billion Jun 2023
Gross National Product 584119.50 569407.10 JPY Billion Jun 2023
Gross Fixed Capital Formation 137801.10 137064.60 JPY Billion Jun 2023
Full Year GDP Growth 1.00 2.10 percent Dec 2022
GDP from Utilities 16182.10 15918.90 JPY Billion Dec 2021
GDP from Transport 25821.10 23895.60 JPY Billion Dec 2021
GDP from Services 19521.80 19538.00 JPY Billion Dec 2021
GDP from Public Administration 27359.30 27232.00 JPY Billion Dec 2021
GDP from Mining 339.00 357.80 JPY Billion Dec 2021
GDP from Manufacturing 117790.10 109546.20 JPY Billion Dec 2021
GDP from Construction 28323.80 29153.00 JPY Billion Dec 2021
GDP from Agriculture 4792.70 4641.70 JPY Billion Dec 2021

Japan GDP Annual Growth Rate
Japan’s economy, the fourth largest in the world, is fully diversified and technologically advanced. Like in most developed countries, services account for the highest percentage of GDP (around 62 percent of GDP). Within services the most important once are wholesale and retail trade (around 7 percent of GDP) and real estate (around 6 percent of GDP). Manufacturing is the engine of the Japanese economy and accounts for nearly 22 percent of GDP. Construction also plays a significant role, accounting for around 5 percent of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 9.40 -9.90 1981 - 2023 percent Quarterly
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